Value of 1977 Euro (Luxembourg) today

€100 in 1977
€350.56 in 2022

The inflation rate in Luxembourg between 1977 and today has been 250.56%, which translates into a total increase of €250.56. This means that 100 euro in 1977 are equivalent to 350.56 euro in 2022. In other words, the purchasing power of €100 in 1977 equals €350.56 today. The average annual inflation rate between these periods has been 2.83%.

Inflation timeline in Luxembourg (1977 - 2022)

The following chart depicts the equivalence of €100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1977-2021 225.45%
Cumulative inflation 1977-today 250.56%
Avg. Annual inflation 1977-2021 2.72%
CPI 1977 33.47
CPI 2021 108.94
CPI 2022-08 (latest official data) 116.7
CPI today 117.35

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1977 and 2021, use the corresponding CPI values:

Value2021
=Value1977 ×
CPI2021/CPI1977
=€ 100 ×
108.94/33.47
€325.45

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.35:

Valuetoday
=Value1977 ×
CPItoday/CPI1977
=€ 100 ×
117.35/33.47
€350.56

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 44 years between 1977 and 2021 and the average inflation rate was 2.7182%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.027182)44
€325.45

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1977 €3.25 euro in 2021
€5 euro in 1977 €16.27 euro in 2021
€10 euro in 1977 €32.54 euro in 2021
€50 euro in 1977 €162.72 euro in 2021
€100 euro in 1977 €325.45 euro in 2021
€500 euro in 1977 €1,627.23 euro in 2021
€1,000 euro in 1977 €3,254.46 euro in 2021
€5,000 euro in 1977 €16,272.32 euro in 2021
€10,000 euro in 1977 €32,544.64 euro in 2021
€50,000 euro in 1977 €162,723.19 euro in 2021
€100,000 euro in 1977 €325,446.38 euro in 2021
€500,000 euro in 1977 €1,627,231.9 euro in 2021
€1,000,000 euro in 1977 €3,254,463.8 euro in 2021
Cumulative inflation From 1977 250.56%
Avg. annual inflation From 1977 2.83%
CPI 1977 33.47
CPI today 117.35

Value of Euro over time (by year)

Period Value
1977 100
1978 103.09
1979 107.78
1980 114.57
1981 123.82
1982 135.41
1983 147.15
1984 156.62
1985 163.03
1986 163.51
1987 163.42
1988 165.76
1989 171.35
1990 176.93
1991 182.44
1992 188.2
1993 194.95
1994 199.23
1995 202.95
1996 205.35
1997 208.16
1998 210.16
1999 212.31
2000 219
2001 224.83
2002 229.5
2003 234.2
2004 239.41
2005 245.37
2006 251.91
2007 257.74
2008 266.51
2009 267.49
2010 273.57
2011 282.9
2012 290.43
2013 295.47
2014 297.33
2015 298.74
2016 299.61
2017 304.79
2018 309.45
2019 314.84
2020 317.43
2021 325.45
2022-08 348.63
Today 350.56

All available years

Today's value of euro (Luxembourg) by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: